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About Us

We Provide Service Beyond Expectation!

Whether you require financing to expand your growing business, purchase equipment or meet other operational needs, our experienced lenders will provide credit opportunities tailored to meet your capital needs.

We Offer:

• Lines of Credits

• Term Loans

• Commercial Mortgages and Construction Loans

• Letters Of Credit

• Home Equity Loans and Lines of Credit

• Personal Loans and Lines Of Credit

• Residential Mortgage and Construction Loans

Contact me with any questions at 215-290-5108 or email at jscorese@firstrust.com

How We Got Started

At Firstrust, we’ve spent over 80 years being guided by a very simple but very profound understanding—that everything is personal. When it comes to your business, we understand what’s at stake. Everything is at stake. Whether you’re starting a business or looking to grow your existing enterprise, it’s not just anyone’s money…it’s yours. Our highly sophisticated lending and financial solutions are not based on some generic formula. We talk to you and we do our homework. Your personal Firstrust relationship manager is empowered to make fast decisions and won’t let your business with us get bogged down in layers of red tape. So, when it comes to choosing a new bank, consider what differentiates Firstrust from the rest.

Our Ideal Customer

Anyone interested in Buying or Selling Real Estate - That needs a Mortgage!

Our Team
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Joseph Scorese
Senior Mortgage Loan Officer
Upcoming Events & Promotions
Jan
18
Diversified Investors Group/HAPCO: Philly Riverwards Sub Group 3rd Wednesday of the Month 6:30-8:30PM Location: WeWork Northern Liberties 1010 N Hancock St, Philadelphia, PA 19123 – NEW LOCATION!! Contacts: Joe Scorese 215-290-5108 jscorese@firstrust.com or Charles M. Nowicki,...
Jan
19
Stock Market / Real Estate Roundtable January 19th 6:30-8:30 pm The Ellington 1500 Chestnut St Philadelphia Pa,19102 A discussion about the 2008 Global Financial Crisis on what happened and WHY.. Come learn who and what cause the U.S Recession. This...
Jan
23
Diversified Investors Group- South Philadelphia Rehabber’s Sub Group 6:30-8:30PM 4th Monday of the Month Location: Famous Dave’s BBQ, 1936 S Christopher Columbus Blvd, Philadelphia, PA 19148 Co Sub Group Leader: Joseph V. Scorese - 215-290-5108 - jscorese@firstrust.com Co Sub Group...
Products & Services

FHA

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An FHA loan is a mortgage insured by the Federal Housing Administration. Borrowers with FHA loans pay for mortgage insurance, which protects the lender from a loss if the borrower defaults on the loan.

Conventional Loans

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A conventional mortgage refers to a loan that is not insured or guaranteed by the federal government. A conventional, or conforming, mortgage adheres to the guidelines set by Fannie Mae and Freddie Mac. It may have either a fixed or adjustable rate.

Commercial Mortgage Loans

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A commercial mortgage is a mortgage loan secured by commercial property, such as an office building, shopping center, industrial warehouse, or apartment complex. The proceeds from a commercial mortgage are typically used to acquire, refinance, or redevelop commercial property.

Lines of Credit

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A line of credit, abbreviated as LOC, is an arrangement between a financial institution, usually a bank, and a customer that establishes a maximum loan balance that the lender permits the borrower to access or maintain.

Construction Loans

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'Construction Loan' A short-term loan used to finance the building of a home or another real estate project. ... Because they are considered fairly risky, construction loans usually have higher interest rates than traditional mortgage loans. Also known as a “self-build loan.”

Portfolio Loans

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A portfolio loan is a loan that is serviced by the lender that issued the money. Here are the basics of the portfolio loan and how it works. Portfolio Loan. In many cases, loans that are issued by a lender are packaged together with other loans and sold in the secondary market.
Businesses We Recommend
Past Events & Promotions
Jan
12
South Jersey Real Estate Investors Association - Burlington County Sub Group Thursday, January 12, 2017 Be Dynamic in 2017: Goal Setting Tips for Real Estate Professionals As you Cowboy up for the new year, now is a good time to start 2017 with some awesome goals. We will discuss some good...
Jan
12
HAPCO /DIG/ GPAR – Lunch & Learn PM Software for the Landlord or Real Estate Professional - Are the Cost Savings Really Worth It? Date & Time: January 12th, 2016 12-1:30PM Location: Greater Philadelphia Association of REALTORS, 1341 North Delaware Avenue, Suite 200 Presented By: Mike...
Jan
11
NYC/Brooklyn - Real Estate Investors Association Wednesday, January 11th, 2017 6:30 PM to 8:30 PM SLC Conference Center, 15 W 39th St, New York, NY 10018 Speaker: Robert Chessick, Start-Up Advisor, Chessick Organization LLC/Robert Chessick Corporation Topic: Incorporating...
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Highly Recommended

Received 5+ recommendations!
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